The effects of corporate governance mechanisms and financial variables on the financial restatement of the firms listed in the Tehran Stock Exchanged

This paper examine the effects of Corporate Governance (Board structure and ownership structure) And some financial variables on financial statement restatements. A group comprising firms (48firms) that have maximum amount of the annual adjustment (More than 5% of EBIT). Another group is control group (46 firms)، comprising firms that have minimum amount of the annual adjustment. subsequently analyzed using a t-test and logistic regression. The results show that there is a positive relationship between CEO duality and financial statement restatement، and there is a positive relationship between board size and financial statement restatement. Other independent variables have been studied، We have not achieved meaningful relationship. And in between financial variables، Gearing ratio have a positive relationship whit financial statement restatement and bankruptcy probability have a negative relationship whit financial statement restatement